FAQ
About MBT Tokens and Bike Coin
What is MBC Tokens
MyBikeCoin (MBC) is a digital token used in the ecosystem for cycling rewards and competitions.
What is Bike coin?
Bike Coin is an XRP token created to facilitate the management of rewards and the exchange of MBC in a decentralized network.
How works MBC Tokens?
Users earn MBC tokens through cycling activities, challenges, or competitions and can use them for rewards or exchange.
How can I transfer MBC Tokens to Bike Coins?
Currently, MBC tokens are manually converted to Bike Coins via a form, but an automated system is planned for the future.
Getting Started
How do I join to earn MBC Token?
Simply sign up on our website or app, create a profile, and link a compatible cycling app to start tracking your rides.
Which cycling app do I use to collect MBC?
You can easily collect points when you connect to the Strava app.
Do I need a special bike to earn MBC Tokens?
No, you can use any bicycle, as long as your rides are tracked through a Strava app.
Can I use MBC without a smartphone?
A smartphone is necessary to connect your profile and track rides through GPS-enabled apps.
Earning and Redeeming Tokens
How do I earn MBC tokens?
You earn MBC tokens based on the distance you cycle, as tracked by your connected app.
What can I do with MBC tokens?
Tokens can be redeemed for discounts, cycling gear, partner offers, and other exclusive rewards. And transfer them for Bike Coins.
Is there a limit to how many tokens I can earn?
There’s no fixed limit, but specific campaigns or rewards may have earning caps.
Can I transfer my tokens to someone else?
Unfortunately, it is not possible to transfer tokens at this time. However, you can send, sell, and buy Bike Coins via your XUMM wallet.
What is XUMM wallet?
Xumm is a non-custodial wallet for the XRP Ledger (XRPL) that allows users to store, send, and receive XRP and other XRPL tokens securely. It provides access to decentralized applications (dApps) and enables seamless transactions without the need for third-party intermediaries.
HOW TO BUY YOUR MBC TOKENS IN FOUR SIMPLE STEPS
VISIT SHOP
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Browse the MyBikeCoin Store
Visit the official MyBikeCoin store (powered by WooCommerce) and navigate to the MBC Tokens section. Select the desired token package that fits your needs.
Add Tokens to Your Cart
Click the Add to Cart button for your chosen token package. Once added, you can review your cart to ensure the quantity and total price are correct.
Proceed to Checkout
Click on Checkout and fill in the required details, such as your name, email address, and wallet address (compatible with the MBC token type, e.g., ERC-20 or BEP-20). Choose your preferred payment method, such as credit card, PayPal, or cryptocurrency.
Complete Your Purchase
Confirm your order and complete the payment. Once the transaction is successful, the purchased tokens will be transferred to your wallet, and you'll receive a confirmation email with transaction details.